by Teuvo Tuomi | May 9, 2023 | Economy, News, Vietnam
Vietnamese lawmakers are urging the central bank to consider cutting policy rates further to support the economy and help it reach its 2023 economic growth target. Vietnam’s growth slowed from 5.92% in late 2022 to 3.32% in the first quarter of 2023, prompting...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
by VF | Jan 21, 2022 | Asia, Business, News
Surging gasoline prices are posing a problem for governments in Asia where higher energy prices are squeezing household budgets. South Korea has already taken steps to ensure a steady supply of the key fuel while tracking prices, Japan may soon hand aid to local...
